Monday, April 30, 2018

Economic Nationalism Versus Protectionism


President Trump has espoused a view of world trade that is centered on his beliefs in economic nationalism, which his opponents have derided as being protectionism. That protectionism can be a part of economic nationalism, is true, but economic nationalism is more than that.


What is wrong with the US proclaiming that all trade agreements must be mutually beneficial to both sides of the agreement? For years the US has given benefits to its trading partners at the expense of its own businesses and citizens. Isn’t it time for us to demand fair trade? Mutually beneficial trade?






 


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